2016 was a year of volatility inducing events, which caused many markets to move in surprising ways on the back of results that separated themselves from popular consensus or polling. Brexit, the US election, a new OPEC narrative, and the US Fed raising rates were all tough on trends, inducing whips and reversals. Despite this, equities rallied while broad commodities had their first positive year in many.

"The opportunity to work with USCF is exciting for Auspice and is positive for the global energy commodity marketplace," said Tim Pickering, Founder, and Chief Investment Officer of Auspice. 

Tim Pickering, founder, with Auspice Capital joins BNN to give us his outlook on Alberta following the wildfires.

Tim Pickering, lead portfolio manager at Auspice Capital to talk about the most recent oil price moves and the broader context of the Alberta government failing to protect itself from the steep commodity price declines.